U.S. Gives Chevron 30 Days to Close in Venezuela, Squeezing Maduro
Tuesday, Mar 4, 2025 12:37 pm ET
The U.S. government has given chevron corporation a 30-day ultimatum to wind down its operations in Venezuela, a move that could significantly impact the South American country's oil production and export capabilities. The decision, announced by President Donald Trump on Wednesday, aims to pressure the government of Nicolás Maduro to meet democratic conditions and accelerate the deportation of immigrants set for removal.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.